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Loan Program Highlights February 8, 2010
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Fixed Rate Programs
(Primary Residence and Second Homes Only)
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Loan Type
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Fixed Rate
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Points
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APR
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Estimated payment per $100,000
borrowed includes principal &
interest only. Taxes & insurance
will increase your payment.
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Conforming
(Loan Amounts to $417,000)
Compare Competitors' Rates
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30 Year
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4.490%
4.625%
4.750%
4.990%
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2.000%
1.500%
1.000%
0.000%
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4.72%
4.82%
4.90%
5.05%
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$506.09
$514.14
$521.65
$536.21
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20 Year
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4.250%
4.375%
4.490%
4.875%
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2.000%
1.500%
1.000%
0.000%
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4.57%
4.63%
4.69%
4.96%
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$619.23
$625.92
$632.11
$653.07
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15 Year
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3.990%
4.125%
4.250%
4.490%
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2.000%
1.500%
1.000%
0.000%
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4.39%
4.45%
4.50%
4.59%
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$739.19
$745.97
$752.28
$764.48
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10 Year
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3.990%
4.125%
4.250%
4.490%
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2.000%
1.500%
1.000%
0.000%
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4.57%
4.59%
4.61%
4.64%
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$1,011.98
$1,018.40
$1,024.38
$1,035.90
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Conforming High Cost Area Loans
(Loan Amounts From $417,001 to $729,750)
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30 Year
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4.625%
4.750%
4.875%
5.125%
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2.000%
1.500%
1.000%
0.000%
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4.82%
4.91%
4.99%
5.15%
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$514.14
$521.65
$529.21
$544.49
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15 Year
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4.250%
4.375%
4.490%
4.750%
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2.000%
1.500%
1.000%
0.000%
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4.59%
4.64%
4.68%
4.79%
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$752.28
$758.62
$764.48
$777.83
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Non-Conforming - Level 1
(Loan Amounts From $729,751 to $1 Million)
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30 Year
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5.490%
5.625%
5.750%
5.990%
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2.000%
1.500%
1.000%
0.000%
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5.69%
5.78%
5.86%
6.01%
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$567.16
$575.66
$583.57
$598.91
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15 Year
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5.125%
5.250%
5.375%
5.750%
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2.000%
1.500%
1.000%
0.000%
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5.46%
5.51%
5.56%
5.78%
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$797.32
$803.88
$810.47
$830.41
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Non-Conforming - Level 2
(Loan Amounts From $1,000,001 to $1.5 Million)
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30 Year
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5.490%
5.625%
5.750%
5.990%
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2.000%
1.500%
1.000%
0.000%
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5.68%
5.77%
5.85%
6.00%
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$567.16
$575.66
$583.57
$598.91
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15 Year
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5.125%
5.250%
5.375%
5.750%
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2.000%
1.500%
1.000%
0.000%
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5.45%
5.50%
5.55%
5.77%
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$797.32
$803.88
$810.47
$830.41
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Non-Conforming - Level 3
(Loan Amounts $1,500,001 to $2 Million)
We have great rates for loans up to $2 million as well.
Please ask for a quote.
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30 Year
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5.490%
5.625%
5.750%
5.990%
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2.000%
1.500%
1.000%
0.000%
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5.68%
5.77%
5.85%
6.00%
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$567.16
$575.66
$583.57
$598.91
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15 Year
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5.125%
5.250%
5.375%
5.750%
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2.000%
1.500%
1.000%
0.000%
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5.45%
5.49%
5.54%
5.76%
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$797.32
$803.88
$810.47
$830.41
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APR = Annual Percentage Rate
APR Assumptions:
APRs are calculated using loan amounts of $200,000 for Conforming, $500,00 for High Cost Area Loan Limit, $750,000 for Non-Conforming Level 1, $1,150,000 for Non-Conforming Level 2 and $1,650,000 for Non-Conforming Level 3, include 15 days accrued interest and $1,352 in upfront fees, and assume monthly repayment and a maximum loan-to-value of 80%. Mortgage rates listed apply only in certain conditions. Loan rates depend on several factors/assumptions. A loan's final rate will depend on financial market conditions, specific characteristics of the loan transaction and applicant's credit profile up to the time of closing. All rates are subject to change at any time without prior notice. The Credit Union offers many additional mortgage loan programs. For more information, contact a Real Estate Loan Specialist at (800) 328-LFCU, option 2, anytime day or night.
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